Fiscal Note
Est. cost not to exceed $25,000
Funds available in Acct. No. 15742-402-170: 54410 (96339)
Title
Approving plans and specifications for public improvements necessary for the project known as 603 S Whitney Way and authorizing construction to be undertaken by the Developer, Private Contract No. 9658 (District 11)
Body
WHEREAS, the developer, University Park Acquisitions LLC, has received the City of Madison's conditional approval to amend the General Development Plan and a Specific Implementation Plan to construct a mixed-use building with roughly 2,200 square-feet of commercial and 167 dwelling units at 603 S Whitney Way, and,
WHEREAS, Section 16.23(9) of the Madison General Ordinances and the conditions of approval require the developer to install the public improvements necessary to serve the rezoning.
NOW, THEREFORE, BE IT RESOLVED:
1. That the Mayor and City Clerk are hereby authorized and directed to execute a Contract For the Construction of Public Improvements that will be accepted by the City of Madison For 603 S Whitney Way, with University Park Acquisitions LLC, or designee with the approval of the City Engineer.
2. That the plans and specifications for the public improvements necessary to serve the development are hereby approved.
3. That the developer is authorized to construct the public improvements in accordance with the terms of the Contract For the Construction of Public Improvements That Will be Accepted by the City of Madison at the sole cost of the developer, except as follows: NONE
4. That the Mayor and City Clerk are hereby authorized to sign and grant easements or right-of-way release or procurement documents, maintenance agreements or encroachment agreements, as necessary and grant or accept dedication of lands and/or easements from/to the Developer/Owner for public improvements located outside of existing public fee title or easement right-of-ways.
5. The Common Council is approved to accept ownership of the improv...
Click here for full text